NFT Paris and its sibling summit, RWA Paris, have cancelled this year’s events due to market uncertainty. Organisers say the numbers stopped working. Simple as that.
NFT Paris had grown used to calling itself a fixture. Launched in 2022, it quickly became Europe’s most visible Web3 gathering, drawing crowds from digital ownership, culture and currency. Twenty thousand visitors were not unusual. There were hundreds of speakers and late-night panels promoting decentralisation.
This year was meant to be bigger than ever. Instead, Alexandre Tsydenkov, the founder and constant presence behind the event, announced the cancellation on LinkedIn. stating, “The crypto and NFT downturn hit hard. Too hard.”
In its early editions, NFT Paris leaned heavily into visual art. Digital galleries. Over time, the tone changed. Less art. More infrastructure. More talk of chains, platforms, scaling up. The sponsor lists reflected that drift. John Karp, who runs Lisbon’s Non Fungible Conference, has pointed out that art made up a sliver of the ecosystem, probably under five per cent of sponsors. From that angle, the cancellation is a verdict on NFT art more than on the machinery built around it.
RWA Paris was meant to steady things. A pivot toward real-world assets. Property, luxury goods, commodities. The promise of bridging traditional finance and decentralised systems. It sounded like an exciting prospect to many. Institutional money hesitated. Compliance costs climbed. Ticket sales never materialised.
Tsydenkov’s note to his team carried weariness. “Thank you for everything. You deserved better. Four years. Tens of thousands through the doors. Hundreds of speakers. Connections made, then scattered. Endings are tough. No attempt to dress it up.”
All ticket holders will be refunded. Around $230 for general admission. Just over $1,100 for VIP access.
Top Photo © Artlyst 2026